In November, while Donald Trump was on his first state visit to Beijing, Republican Senator John Cornyn and Democrat Dianne Feinstein introduced a bill that would dramatically expand the government’s ability to block foreign investment in U.S. technology companies. The bill was directed at the Committee on Foreign Investment in the United States, or CFIUS, an interagency panel that scrutinizes purchases by “potential adversaries” that go against “national interests.” It was clear which adversary most concerned them: China had received more CFIUS reviews than any other country, according to the most recent data. Read More

Trump’s budget, released on Monday, proposes drastic cuts to the Supplemental Nutritional Assistance Program in addition to a change in the way food aid is delivered to low-income families. The administration’s innovation: Blue Apron, but for poor people. Read More